The articles posted here discuss the divergence between the corporate goal of profit maximization and the country’s welfare, the often misunderstood relationship between science, technology, productivity and a successful economy, the inherent conflict between trading partners found in economic models, and research on linear and integer programming.
Ralph Gomory is well-known for his mathematical research and his technical leadership. For twenty years he was responsible for IBM’s Research Division, and then for 18 years was the President of the Alfred P. Sloan Foundation. He is currently a Research Professor at New York University. In addition to mathematics, he has written extensively about globalization, trade, research, and technology, and has testified before Congress on numerous occasions. He has been awarded the National Medal of Science.
Gomory’s book “Global Trade and Conflicting National Interests,” co-written with William J. Baumol and published by MIT Press in 2001, is a prescient analysis of how globalization has upended classic trade models. Nobel Laureate Robert M. Solow says, “this book should be read carefully, but above all it should be read,” while Columbia economist Jagdish Bhagwati says, “When you pair a world-class mathematician with a world-class economist, you should be prepared for a spectacular outcome. The Gomory-Baumol book is an apt illustration.”
Contact: Email Ralph Gomory